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A company produce 2 types of products; A and B. The demand for one of these products does not depend on the demand for the
A company produce 2 types of products; A and B. The demand for one of these products does not depend on the demand for the other. The probability of a drop in demand for product A in the next year is 0.6; The probability of a drop in demand for product B in the next year 0.2.
What is the likelihood that demand will fall in the next year.
a. At least one of these products?
b.for both products?
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